Services Offered by Real Estate Representatives

scaleA real estate representative is always involved in establishing deals for both commercial as well as residential properties. While initiating the transaction the representative work for the prefer of any other two parties i.e. either buy or the seller and in some cases the representative work as a mediator working for the favor of both the parties. You will be amaze to know that there are colleges who have designed some special study programs for people who are interested in making their carrier in this filed. In addition, some organizations also conduct crash or vocational training classes for real estate filed.

300x200xFotolia_36832367_XS-300x200.jpg.pagespeed.ic.og5u7oIiltWhen any property owner makes their mind of starting a residential or commercial site in the market, then he/she will surely need a sales representative who will assist in proceeding with the sales aspects. Depending on the budget of the project one or more real estate sales representative are hired for the purchase process. There are a number of things that representatives first discuss with the builder and then proceed further. The first and the foremost thing is the price, after confirming about the price the representative starts the advertisement in newspapers, journals, radio or television. This is not the end some of the sales representatives also advertise about the building in office using pamphlets with pictures.

Owner’s decision

Prospective buyers go thought the details of the h building very deeply, all their queries are resolved by the representatives. Once they have made their mind for purchasing the property they are asked to submit bids to the real estate sales representative, who then discuss the same with the owner of the property. It is solely the decision of the building owner to keep or decline offers submitted by prospective buyers.

Property events

Discount-Real-estate-agentsFor gathering more and more prospective buyers, representatives organize seminars where they provide details about the property. Sales people intentionally focus more on the attractive aspect of the deal and try their best to hide the critical aspect. They are very smart to handle the queries of people in the best possible manner in a way that they also divert the negative thing in to positive. They try to reflect as if the property which they are trying to sell is the best and has no comparison with any other property. This is truly an art!

After the event is over prospective buyer try to negotiate the prices with the real estate representatives, owners give this authority to take such decisions. One should need to be highly careful while looking for a good and experienced representative. Experienced people know how to deal with different types of people and convenience them in a way that they could not avoid the deal. Look for someone who is good in language and should know how to display the product in the best and attractive way. As such there are various representatives available in the market but selecting the best one is very crucial for making the maximum profit out of it.

Frauds in the Real Estate Market

Over the couple of decades the real estate business has peaked to new horizons. The business of the real estate has seen many ups and downs during this time duration but still in those ups and downs the real estate business has turned to become the most expensive and healthy investment market of the world. When we talk globally, the real estate business is growing by every day but still in the low economy countries it shows variation according to the economic conditions of the country, but stills in those counties it easily manages to sustain a healthy business. The real estate business has grown so much due to the factor of heavy growth and heavy source of income, compared to other small and medium business the real estate business can be termed as a Luxury Business.taxes-1234783_1920

There is a very heavy cash flow in the real estate segment. This cash flow becomes the reason for the growth of the real estate firms and real estate agents, but it also gets the attention of the Fraud organization that tends to earn money only by wrong means and by doing fraud. So times the new investors and the buyers land up dealing with them and as a result faces heavy losses, these losses are of the invested money, mortgaged land, commission, and purchased land. So, one should be alert when putting a heavy amount of money in the market and more over take the help of an experienced real estate investor or advisor, who can guide you to make a good profitable deal. Let us see some of the frauds done in the Real Estate market.taxes-1027103_1920

Frauds in the Real Estate Market:

  1. Title Fraud-

This is one of the most common examples of real estate frauds, here the defaulter makes the fake property papers and claims as if he or she is the true owner of the specific property. Once the defaulter gets a client for his claimed property all the trap starts and when the deal is made and the cash is transferred he gives a fake set of registered property papers and vanishes from the whole scene, after that when the client realizes it is too late to do anything. So the client can save himself from getting into a fraud by hiring a good and experienced real estate firm.

  1. Online Scams-road-sign-464654_1920

One of the trendiest scams in the real estate world if is frequent now a day’s is the online real estate scams. Use of technology is good but when putting a huge amount on the verge you need to be careful even when looking for the property physically. Never even book a property by just seeing and registering on the real estate websites. When you see the offers the contact the firm and after meeting go ahead with the deal.

  1. Don’t invest by seen others-

Being competitive is good but when it goes for a big amount you need to use your mind not the emotions. It is human nature that when we see people around us growing then we also try to achieves new goals, so never invest in real estate by seeing others investing. Think properly by consulting all your family members and then go ahead according to your need.